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Technology Stocks : E Loan Inc -EELN -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (296)	7/8/1999 7:26:00 PM
From: Bill27	Read Replies (1) \| Respond to of 817

No - rumors are not very good reasons to buy a stock . I like E Loan a lot but I have learned that if a stock goes for a jaunt it is usually best to use a trailing stop. Sometimes I am disappointed when I get stopped out of a stock I like but sometimes with internets , I find my reentry is less then my original entry. I was surprised with today's action . See what tomorrow brings . Good trading. Bill

To: Mohan Marette who wrote (296)	7/8/1999 9:06:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 817

Mohan: I am traveling in the Northwest this week and am not online too much. I just checked the market and discovered that our EELN had sold off a little. No concerns here. The price may have gotten ahead of itself. Yet, the fundamentals are intact. This company is a first mover in a MAJOR new growth market. I have an average purchase price on EELN shares in the high 20s and plan to hold for the LONG TERM. Look at YHOO -- early on it was quite volatile as well. E-Loan has proven that it can really run up quickly and I expect that it will be trading at a MUCH HIGHER PRICE a year from now. Our DELL and NETP performed quite well today. Oh well, not everything can move up at the same time <G>. Best Regards, Scott (who still thinks EELN should be in the triple digits before the end of the year)